Argonaut Gold to hedge gold from El Castillo
After a challenging second quarter at its El Castillo complex in Mexico, Argonaut Gold (TSX: AR) will hedge part of the operation’s remaining life-of-mine production. The company told shareholders in…
Gold
Probe Metals hikes resource estimate at Val-d’Or East
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released an updated resource estimate for its Val-d’Or East project in Quebec. The project consists of three of its wholly owned properties — Pascalis,…
Rubicon optimistic on Phoenix study
A positive preliminary economic assessment (PEA) suggests Rubicon Minerals’ (TSX: RMX; US-OTC: RBYCF) once-troubled Phoenix gold project in northwestern Ontario could rise again. Trial mining of Phoenix’s F2 gold deposit…
Minera takes stake in Prime Mining
Minera Alamos (TSXV: MAI; CVE: MAI) has acquired a 16% interest in Prime Mining (TSXV: EPWR) — formerly known as ePower Metals — after buying 9.45 million Prime shares at 30¢ per share…
Osisko Gold Royalties bets on Sable Resources
Sable Resources (TSXV: SAE) says agreements potentially worth up to $12.6 million with Osisko Gold Royalties (TSX: OR) will finance exploration across its projects for the next four years. Osisko…
Mexico Snapshot: Precious metals from coast to coast
Mineral companies large and small are active throughout Mexico. Precious metals remain the target of choice for explorers, developers and mine operators alike. Here are eight firms advancing assets in…
Probe Metals uncovers new gold zone at Monique
A regional exploration program on the Monique property, 25 km east of Val-d’Or in Quebec, has identified a new gold zone, Probe Metals (TSXV: PRB; US-OTC: PROBF) says. The 5,357-metre drill…
President of Mexico says ‘no new mining concessions’
Global mining companies operating in Mexico are working with the country’s mining chamber, Camimex, to determine the impact of Mexico’s President Andres Manuel Lopez Obrador’s statement earlier this month that…
Macarthur assays from Hillside show anomalies
Three of the initial assays from Macarthur Minerals’ (TSXV: MMS) Hillside gold and copper project in the Pilbara region of Western Australia have returned anomalous grades for base metals and…
Telson Mining shifting focus from zinc to gold
Mounting challenges at its wholly owned Campo Morado zinc mine in Guerrero state, Mexico, has prompted Telson Mining (TSXV: TSN) to put the operation on care and maintenance, and devote…
Novo bulk samples at Egina return coarse gold
Bulk samples collected from test pits excavated at Novo Resources’ (TSXV: NVO) Egina gold project in the Pilbara region of Western Australia have recovered coarse gold. Novo processed 281 cubic…
Midland to drill for gold in Labrador Trough
Midland Exploration (TSXV: MD) will start drilling its wholly-owned Willbob gold project in Quebec in early September. Willbob is in the Labrador Trough, 65 km west of the town of Kuujjuaq,…